Search results for "wells fargo"

February 12, 2024
Bank of America Reports Digital Banking Alerts, Logins Rise 11%

Bank of America clients had a record 23.4 billion digital interactions with the bank in 2023. Those interactions include logging into their accounts 12.8 billion times and receiving 10.6 billion proactive...


February 11, 2024
Big Banks See Overdraft Fee Revenues Fall 25%

America’s three biggest consumer banks saw their overdraft fee revenues fall 25% in 2023. J.P. Morgan Chase, Bank of America and Wells Fargo collected $2.2 billion in total in those fees last year, a recent...


February 09, 2024
Over 200 US AI Firms Join Government’s Consortium on Safety

Advances in technology have a track record of productively transforming society. Many technological innovations, from the sewing machine to the automobile and the elevator, have flourished under industry standard-setting and...


January 25, 2024
Lloyds Slashes Jobs as Banking Customers Shift to Digital

Lloyds Bank is reportedly eliminating 1,600 jobs amid an increased focus on digital banking. The British lender also plans to create 830 new jobs for its “relationship growth” team to understand customers’ financial aims...


January 23, 2024
Chime, Citi Mobile Lead Provider Ranking of Credit Card Apps

Valentine’s Day is almost here. Want to buy your sweetheart that special something they’ve been eyeing, but need a financial boost? PYMNTS is here to help with our latest edition...


January 18, 2024
Business Development Companies Consider IPOs as Valuations Surge

In recent months, business development companies (BDCs) have witnessed a surge in valuations, prompting several firms to opt for public offerings.  BDCs, which are private lenders that primarily provide loans...


January 17, 2024
Obligo and BNY Mellon Collaborate on Alternative to Security Deposits

FinTech company Obligo is collaborating with global investments company BNY Mellon to enhance the rental experience for property managers and renters. The collaboration is part of BNY Mellon’s Ascent Program, which aims to identify...


January 17, 2024
CFPB Says Overdraft Fees Are Junk Fees — But Are...

Labels are popular on Capitol Hill. And this week the labels are flying fast and furiously, aimed at big banks and credit unions. The Consumer Financial Protection Bureau (CFPB) put...


January 16, 2024
Big Bank Earnings Show Digital’s App-Driven Appeal to Consumers

As earnings season rolls on, key themes from banks are emerging. Consumers are continuing to engage with their banks via mobile means, and branches are being woven tightly into the...


Expanding Payments Choice
Automotive Loyalty Gets Boost With Real-Time Digital Disbursements Seventy-five percent of car buyers favor brands that offer rewards, with a similar percentage (74%) favoring digital payments. In the latest edition of the “Expanding Payments Choice Playbook Series,” a collaboration with Onbe, PYMNTS examines the critical role digital rewards and incentives now play in facilitating a true end-to-end digital car-buying experience.
Enabling Payments In A Global Connected Economy
Report: Five Payment Services Providers on Serving Merchants’ Global Payment Needs What do Salesforce and Wells Fargo share? A point of view on what it takes to meet merchants’ global payment demands. PYMNTS’ Enabling Payments In A Global Connected Economy report, a technologi collaboration, shares the perspectives of five acquirers and PSPs on the onboarding, compliance and fraud protection expectations of cross-border merchants of their payments services providers.